In the sometimes secretive world of online options brokers, it is refreshing to see a broker such as MarketOptions which proudly advertises the address of its London office right on the homepage. That sets the tone for the trading experience at MarketOptions.com, which is straightforward, honest, and focused on providing traders everything they need in order to profit from binary options trading.
Software and Features
The MarketOptions broker trading platform is powered by a modified SpotOption engine, which means that not only is in incredibly simple and clear, it is extremely powerful. MarketOptions.com is quite well-designed and easy to use, with the trading platform and account info just a click or two away. There aren’t massive amounts of extras on the site, however the MarketOptions online educational center is better than average and includes daily market analyses, though the lack of a demo account is disappointing. Live chat and telephone customer support is available in English, as well as in four other languages.
Option Types Offered
At the time of our MarketOptions review, they offered options on an extensive list of assets, with more than 100 indices, stocks, currencies, and commodities available. They really utilize all the power of the SpotOption platform and offer loads of different option types. Daily expiry times, long-term options, short-term (including 60-second) options, one-touch options, and pairs options are all available. What’s more, the options platform allows you to monitor options with live charts and sell them back or roll them over before the trade expires. Payouts are also quite high, with in-the-money options paying between 70% and 85%.
Account Types Offered
Depending on how much you deposit at Market Options, you are given one of four different kinds of accounts, each with its own set of benefits. The MarketOptions bonus is very attractive, with a 20% bonus for traders who make the minimum $200 deposit and have a Classic Account. The bonus increases with the higher level accounts, as do the benefits such as returns on losing trades, extra training sessions, and faster withdrawals. Accounts can be funded through credit cards and wire transfers, and are secured by Rapid SSL encryption.
There are no secrets and no confusion at Market Options, just an excellently run binary options trading platform. Everything that you want to know is right up front, and although they may lack the bells and whistles of other brokers, that just makes it all the easier to concentrate on trading. And as making money is the most important thing, the high payouts and generous bonuses at MarketOptions.com make it an attractive trading destination.